Founded in 1996 as a public Fund, the National Forest Financing Fund (Fonafifo in Spanish) has financed small and medium producers of forest goods and services, through management and administration of resources from national and international sources that are administered in endowment and sinking funds. Fonafifo seeks to support the development of the forestry sector in Costa Rica by means of direct implementation of projects, channeling financial incentives, the establishment of public-private partnerships and managing international cooperation agreements related to forestry. Fonafifo’s operation focuses on 3 strategic lines: financing, sustainability and the governance of the forestry sector, which is reflected in their work on biological corridors, watersheds, private territories in protected areas, indigenous territories, among others.
disbursed for forestry initiatives in Costa Rica since its inceptiondisbursed for forestry initiatives in Costa Rica since its inception
million of protected areas benefiting in Costa Rica